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    2546 Hooper Ave Brick, NJ 08723

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    For Sale
    $5,389,900

    Retail property with extended lease term in Jersey Shore.

    Property size:
    14,550 SF
    Lot size:
    2.80 Acres

    Property Features for 2546 Hooper Ave

    General Information

    Size
    14,550 SF
    Lot size
    2.80 Acres

    Source: Colliers | Woodbridge Agent Jacklene Chesler

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property in Upscale Area

    This retail property features a strong performing store with historical sales data available upon request. The property benefits from a new 10.5-year extended lease term. It is situated within an upscale trade area in the Jersey Shore, specifically serving the waterfront communities of Shore Acres and Baywood. The property has a size of 14550 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brick
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.1281844
    Latitude
    40.0456781

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    FAQs

    What type of property is this?
    Grocery and convenience store - Retail property with extended lease term in Jersey Shore.
    Where is this grocery and convenience store located?
    The property is located at 2546 Hooper Ave Brick, NJ.
    What is the asking price?
    The asking price for this property is $5,389,900.
    What are key features of this property?
    This property features: - Strong performing store & historical sales; - New 10.5 year extended lease term remaining; - Upscale trade area
    (973) 610-1875
    Request Owner's contact information
    2546 Hooper Ave Brick, NJ 08723
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    Brick, NJ 08723
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2546 Hooper Ave Brick, NJ 08723
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